ASCENDION ENGINEERING SOLUTIONS EUROPE LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-09-05 (in 4mo)
Last made up 2025-08-22
Watchouts
Cash
£2M
-12.6% vs 2024
Net assets
£10M
+1,423.7% vs 2024
Employees
102
+92.5% vs 2024
Profit before tax
-£155K
+95.6% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
2-year trend · vs Technology median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £10,074,470 | £12,681,715 | |
| Operating profit | -£1,963,836 | £1,651,624 | |
| Profit before tax | -£3,495,752 | -£155,025 | |
| Net profit | -£3,493,516 | -£155,025 | |
| Cash | £2,727,570 | £2,383,888 | |
| Total assets less current liabilities | £31,414,287 | £27,667,719 | |
| Net assets | £684,494 | £10,429,469 | |
| Equity | £684,494 | £10,429,469 | |
| Average employees | 53 | 102 | |
| Wages | £4,195,165 | £7,181,497 | |
| Directors' remuneration | £12,680 | £12,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+25.9%
£10,074,470 £12,681,715
-
Cash
-12.6%
£2,727,570 £2,383,888
-
Net assets
+1,423.7%
£684,494 £10,429,469
-
Employees
+92.5%
53 102
-
Operating profit
+184.1%
-£1,963,836 £1,651,624
-
Profit before tax
+95.6%
-£3,495,752 -£155,025
-
Wages
+71.2%
£4,195,165 £7,181,497
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | -19.5% | 13.0% | |
| Net margin | -34.7% | -1.2% | |
| Return on capital employed | -6.3% | 6.0% | |
| Current ratio | 0.59x | 0.35x | |
| Interest cover | -1.23x | 0.91x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- ASCENDION ENGINEERING SOLUTIONS EUROPE LIMITED 2024-11-05 → present
- COLLABERA EUROPE LIMITED 2014-10-29 → 2024-11-05
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- KNAV Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company's business activities, together with the factors likely to affect its future development, performance, and position are set out in the strategic report on pages 2 to 4 of these financial statements. As at the balance sheet date, the Company has a net current liability position of £9,295,629. The immediate parent entity, Ascendion Engineering Solutions Singapore Pte Limited, has confirmed that it will provide financial and operating support to the Company, enabling it to continue trading and meeting its liabilities as they fall due for the 12 months from the date of approval of these financial statements.”
Group structure
- ASCENDION ENGINEERING SOLUTIONS EUROPE LIMITED · parent
- Ascendion Engineering Solutions Solutions Private Limited 100%
- Ascendion Engineering Solutions Solutions Poland Sp. Z o.o. 100%
- Ascendion Engineering Solutions Solutions Romania S.R.L. 100%
- Pracedo Limited 100%
- Digiterre Solutions Limited 100%
- Ascendion Engineering Solutions Switzerland 100%
Significant events
- “The Company was changed from Collabera Europe Limited to Ascendion Engineering Solutions Europe Limited on 4 November 2024.”
- “On 15 May 2025, the parent company converted a loan of £5,500,000 into equity by way of non-cash consideration.”
- “On 12 August 2023, the Company entered into an amendment and restatement of the Share Purchase Agreement originally signed on 5 September 2023 for acquisition of Digiterre Solutions Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| AGARWAL, Amit Kumar | Director | 2026-04-13 | Nov 1983 | Indian |
| GURBANI, Dharmendra Dwarkadas | Director | 2026-04-13 | Mar 1982 | British |
| RAJAGOPALAN, Radhakrishnan | Director | 2026-04-13 | Oct 1971 | Indian |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BURMAN, Deepak | Director | 2023-05-01 | 2025-06-01 |
| KOTHARI, Kushal Devendra | Director | 2024-08-05 | 2026-04-15 |
| SHAH, Hetal Hasmukhlal | Director | 2019-12-05 | 2023-12-27 |
| SHAH, Mirang Pravinchandra | Director | 2023-12-27 | 2026-04-15 |
| SHAH, Sunny Manojbhai | Director | 2014-10-29 | 2019-12-05 |
| SHARMA, Kapil Suresh | Director | 2014-10-29 | 2023-03-14 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Hiten Patel | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 50 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-11-05 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-22 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-22 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-13 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-13 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-13 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-04 | SH01 | capital | Capital allotment shares | |
| 2026-01-09 | AA | accounts | Accounts with accounts type full | |
| 2025-08-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-06-06 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-16 | SH01 | capital | Capital allotment shares | |
| 2025-01-07 | AA | accounts | Accounts with accounts type full | |
| 2025-01-06 | SH01 | capital | Capital allotment shares | |
| 2024-11-05 | CERTNM | change-of-name | Certificate change of name company | |
| 2024-08-30 | SH01 | capital | Capital allotment shares | |
| 2024-08-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-08-06 | AP01 | officers | Appoint person director company with name date | |
| 2024-03-26 | SH01 | capital | Capital allotment shares | |
| 2024-01-11 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-11 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-17 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 4
- Officers appointed
- 3
- Officers resigned
- 3
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.